Dual Stochastic Dual Dynamic Programming for Multi-Stage Economic Dispatch With Renewable Energy and Thermal Energy Storage

The rapid growth of renewable energy sources brings great challenges to the economic dispatch of the modern power system. Retrofitting thermal power plants with thermal energy storage (TES) can improve the operational flexibility of the plants to handle the uncertainty of renewable energy sources. A...

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Bibliographic Details
Published in:	IEEE transactions on power systems Vol. 39; no. 2; pp. 1 - 12
Main Authors:	Zhang, Xiaosheng, Ding, Tao, Mu, Chenggang, Han, Ouzhu, Huang, Yuhan, Shahidehpour, Mohammad
Format:	Journal Article
Language:	English
Published:	New York IEEE 01.03.2024 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Alternative energy sources Boilers Coal-fired power plants dual stochastic dual dynamic programming Dynamic programming Economic dispatch Economic models Energy policy Energy resources Energy storage Flexibility multi-stage stochastic programming Power dispatch Power generation renewable energy Renewable energy sources Renewable resources Retrofitting Stochastic processes Stochastic programming Thermal energy thermal energy storage Thermal power plants Uncertainty
ISSN:	0885-8950, 1558-0679
Online Access:	Get full text
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